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Sun, Apr 05, 2009

Aero-News: Quote of the Day (04.05.09)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"These decisions were very difficult to take but they were necessary to (put) the company in a viable position in the present environment and align production to the reduced market demand."

Source: Guy Hachey, president and CEO of Bombardier Aerospace. A reduction in the number of expected deliveries in 2009 plus an excess of used aircraft on the market have combined to make tough times for the planemaker, spurring last week's announcement of the planned elimination of 3,000 more jobs by the end of this year, in addition to 1,360 positions cut in February.

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